Wednesday , 25 December 2024

Economic Overviews

U.S. Census Bureau Provides This Unique Look Inside America's Economic Machine

Every now and then, US taxpayer money goes for something useful and surprisingly informative such as this infographic from the US Census Bureau deconstructing the "American Economic Machine"...The graphic cites facts dealing with manufacturing, services, retail trade, construction, government and much more as seen through the numerous economic programs and surveys conducted by the Census Bureau.

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Further QE Would Amount to _issing in the Wind! Here's Why

"… those who are waiting for the Fed cavalry to ride over the hill and rescue the economy are doomed to disappointment....The banks are awash in loanable funds, businesses are cash-rich and opportunity-poor, and interest rates are already so low that lower still will not attract borrowing....More liquidity is unlikely to impart more impetus to the sluggish economy…. Congress and the President should not count on the Fed to bail them out of their mistakes…. Central banks are unable to help in the face of persistently flawed economic policies."

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Bernanke’s Actions – or Inactions – Won’t Prevent Coming Collapse! Here’s Why (+2K Views)

By threatening to drop money out of helicopters to fight deflation - to leave a paperweight on the "print" button if you will - Bernanke convinced the market and all of Wall Street that the Fed would always be there to step in and save the day. [In fact, however,] the whole thing was a bluff meant to prop up the markets - the famed Bernanke Put - and it was a lie. The markets will be realizing this in the coming months, if not sooner, and when they do, we'll see the REAL Collapse: the one to which 2008 was just a warm-up. [Let me explain.] Words: 444

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Fact #6: America – A Super Rich Country With Supersized Hunger Pangs and Supersized Waste

Fact #6: Americans wasted enough food in 2010 to fill 91 Empire State Buildings (33.79 million tons) which was up 16% from a decade ago. The average American wastes 209 to 254 pounds of edible food each year. Meanwhile, more than 17 million American households were considered "food insecure" in 2010, meaning it was difficult to provide enough food for everyone in the family. 46 million Americans, about one in seven people, relied on food stamps.

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Fact #5: 44% of Jobless Are Unemployed Longer Than 6 Months!

This is the 5th in a series of 100 useful facts about big issues facing American voters which are being presented by www.FaceTheFactsUSA.org every day until the election to help Americans debunk myths, hold better conversations, get involved, and make choices as smarter citizens. Today's facts are related to Jobs and the Economy.

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